Barksdale Resources (CVE:BRO) Shares Down 14.3% – Should You Sell?

Barksdale Resources Corp. (CVE:BRO)’s share price fell 14.3% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. 107,500 shares were traded during trading, a decline of 26% from the average session volume of 145,621 shares. The stock had previously closed at C$0.11.

Barksdale Resources Price Performance

The firm has a fifty day moving average of C$0.16 and a 200 day moving average of C$0.15. The company has a current ratio of 1.81, a quick ratio of 1.56 and a debt-to-equity ratio of 6.26. The company has a market capitalization of C$12.02 million, a P/E ratio of -1.50 and a beta of 0.41.

Barksdale Resources Company Profile

Barksdale Resources Corp. engages in the acquisition and exploration of precious and base metal mineral properties in the United States and Mexico. It primarily explores for copper, zinc, lead, silver, and gold ores. The company's primary asset is the Sunnyside property comprising of 286 unpatented mining claims covering approximately 5,223.71 acres located in the Patagonia Mountains of southern Arizona.